SINGAPORE (The Straits Times/Asia News Network): A coalition of some of the world's leading financial institutions launched an Asia-Pacific network and office in Singapore on Wednesday (June 8) with the aim of speeding up regional investment in clean energy, transport and industry as part of global efforts to fight climate change.
The Glasgow Financial Alliance for Net Zero (GFANZ) is working to accelerate the world's transition to net-zero greenhouse gas emissions by 2050. And to do that, its members are tasked with not only shifting their own business practices towards net-zero emissions but also ensuring their investments are, too.
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